Revenue and Gross Margin Exceed Expectations
Revenue of $120.2 million and a gross margin of 39.5% both exceeded the favorable end of the outlook ranges provided by the company.
Strong Performance in Europe and Asia Pac
The Europe and Asia Pac segment delivered a 5% year-over-year revenue growth, driven by a dual focus on deepening multinational client relationships and expanding the local client base.
Improvements in Bill Rates
Consulting saw an 11% improvement in the average bill rate from $144 to $160, reflecting the success of value-based pricing initiatives.
Outsourced Services Growth
The Outsourced Services segment experienced a 4% year-over-year revenue growth with significant gross margin expansion.